February 26, 2016

The Accelerating TechnOnomic Medium (ATOM)

Welcome. This is a book/whitepaper published in website format (and as a .pdf file), about how technology has created new economic forces that are reshaping society. Contained within is guidance on how individuals, organizations, and nations have to adapt to these transformations in order to prosper.

If you are interested in any of the following, this is the reading material for you :

Accelerating, exponential technological progress

Technological disruption, and its social and economic impact

How artificial intelligence and robotics are affecting employment

Why most mainstream economists are unable to measure the economic impact of technology

Navigating the next recession/financial crisis

Creating a dynamic safety net that replaces outdated government programs, and is simultaneously the destination of central bank easing

A path towards the gradual elimination of all income tax

How to harness technological forces for yourself

I hope this content changes how you view the world, in the present and the future.

The accelerating pace and diffusion of technological change has taken control of an ever-growing fraction of the world economy. This fraction is being assimilated into a different set of economic fundamentals, such as the rapid and exponential price deflation inherent to technology. The effect of this was insignificant until recently, but is now beginning to create conspicuous distortions in many economic metrics, and is just years from being the dominant force across the entire economy.

In response to technological deflation, the central banks of the world will have to create new money in perpetuity, increasing the stream at an exponentially rising rate much higher than is currently assumed. This now-permanent need for monetary expansion, if embraced, can fund government spending more directly. This in turn creates a very robust, dynamic, and efficient safety net for citizens, while simultaneously reducing and even eliminating most forms of taxation by 2025.

Failure to recognize that technological deflation mandates permanent and ever-rising central bank monetary expansion that can and should gradually become the primary source of government spending will precipitate a major financial crisis starting as soon as 2017.

The nature of current worldwide technology is to link various disruptions with each other, consume monetary liquidity to generate deflation, and lower the effective prices of most goods and services over time. Therefore, the entirety of worldwide technology has to be seen as a holistic economic entity, and can be defined as the ‘Accelerating TechnOnomic Medium’, or ‘ATOM’.

The comments section here is going to be the early discussion forum, but for that we need more traffic. This is still the early stage, so I am just seeking to get more people (and more of the right people) to read it. Anything you can do to build exposure/readership gets us closer to our goal...

Very interesting and laudable. One thing, however: THIS: "Accelerating TechnOnomic Medium" -- is too obscure and confusing. You must find a better way of expressing what is surely a very important idea. IMO.
Thanks.

Thanks for reading the whole thing. I thought about it at great length, but there did not appear to be a more acronym-friendly name that works well in the logo and conveys what the whole concept is about. So we went with 'ATOM'.

I have briefly read through this and I'm hoping to find the time to thoroughly read and analyze it. I think it is revolutionary thinking and I wish people were talking about this. I have discussed and shared this article with a few people, but I plan to spread the message as much as I can!